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U.S. Building Products Industry Analysis

UpdatedJan 24, 2026
DataAggregated Company Financials
Companies53
  • 7D-1.1%
  • 3M-2.3%
  • 1Y-3.3%
  • YTDn/a

The Building Products industry is down 1.1% over the last week with Trane Technologies the worst performer, down 0.8%. However, the industry is down 3.3% over the past year. As for the next few years, earnings are expected to grow by 17% per annum.

Industry Valuation and Performance

Has the U.S. Building Products Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Jan 2026US$385.6bUS$163.7bUS$11.6b21.2x33.3x2.4x
Mon, 22 Dec 2025US$370.4bUS$163.6bUS$11.6b19.3x32x2.3x
Wed, 19 Nov 2025US$356.2bUS$161.0bUS$11.1b16.8x32.1x2.2x
Fri, 17 Oct 2025US$386.6bUS$160.9bUS$12.6b20.3x30.7x2.4x
Sun, 14 Sep 2025US$391.1bUS$160.9bUS$12.5b23.3x31.2x2.4x
Tue, 12 Aug 2025US$394.0bUS$160.7bUS$12.9b22.5x30.5x2.5x
Thu, 10 Jul 2025US$400.7bUS$162.0bUS$13.8b21.4x28.9x2.5x
Sat, 07 Jun 2025US$396.8bUS$163.5bUS$14.0b21.4x28.3x2.4x
Mon, 05 May 2025US$384.5bUS$162.9bUS$13.6b20.2x28.3x2.4x
Wed, 02 Apr 2025US$353.9bUS$162.6bUS$13.4b20.4x26.4x2.2x
Fri, 28 Feb 2025US$374.2bUS$162.5bUS$13.4b20.8x27.9x2.3x
Sun, 26 Jan 2025US$411.3bUS$163.6bUS$14.3b20.8x28.7x2.5x
Tue, 24 Dec 2024US$394.3bUS$163.6bUS$14.3b21.9x27.5x2.4x
Thu, 21 Nov 2024US$423.5bUS$162.3bUS$14.3b21.5x29.6x2.6x
Sat, 19 Oct 2024US$430.7bUS$164.3bUS$16.4b24.1x26.2x2.6x
Mon, 16 Sep 2024US$399.4bUS$164.3bUS$16.4b21.7x24.3x2.4x
Wed, 14 Aug 2024US$361.0bUS$164.4bUS$16.4b20.3x22x2.2x
Fri, 12 Jul 2024US$366.1bUS$162.7bUS$14.2b21.2x25.7x2.3x
Sun, 09 Jun 2024US$363.5bUS$163.8bUS$14.3b19.9x25.3x2.2x
Tue, 07 May 2024US$379.3bUS$166.6bUS$14.4b22.5x26.3x2.3x
Thu, 04 Apr 2024US$374.1bUS$165.2bUS$14.7b23.8x25.4x2.3x
Sat, 02 Mar 2024US$357.8bUS$166.7bUS$14.8b22.9x24.2x2.1x
Mon, 29 Jan 2024US$333.7bUS$175.3bUS$14.8b20.1x22.5x1.9x
Wed, 27 Dec 2023US$332.5bUS$175.3bUS$14.8b20.6x22.5x1.9x
Fri, 24 Nov 2023US$296.0bUS$175.2bUS$15.0b17.4x19.8x1.7x
Sun, 22 Oct 2023US$249.6bUS$171.8bUS$14.8b16.5x16.9x1.5x
Tue, 19 Sep 2023US$278.2bUS$171.9bUS$14.8b17.4x18.8x1.6x
Thu, 17 Aug 2023US$287.5bUS$171.9bUS$14.8b17.4x19.4x1.7x
Sat, 15 Jul 2023US$291.0bUS$174.1bUS$15.2b16.4x19.1x1.7x
Mon, 12 Jun 2023US$259.9bUS$174.0bUS$15.2b15x17.1x1.5x
Wed, 10 May 2023US$250.0bUS$174.1bUS$15.1b15.2x16.5x1.4x
Fri, 07 Apr 2023US$230.7bUS$175.5bUS$16.7b13.1x13.9x1.3x
Sun, 05 Mar 2023US$261.3bUS$175.5bUS$16.7b14.5x15.7x1.5x
Tue, 31 Jan 2023US$247.9bUS$176.3bUS$17.3b14.4x14.3x1.4x
Price to Earnings Ratio

14.3x


Total Market Cap: US$247.9bTotal Earnings: US$17.3bTotal Revenue: US$176.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Building Products Industry Price to Earnings3Y Average 24.4x202420252026
Current Industry PE
  • Investors are optimistic on the American Building Products industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 33.3x which is higher than its 3-year average PE of 24.4x.
  • The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Building Products industry have declined 13% per year over the last three years,
  • Revenues have also declined 2.4% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does U.S. Building Products compare with similar industries?

US Market-0.39%
Industrials-1.54%
Building-1.10%
Building Products-1.10%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CARR Carrier GlobalUS$57.302.0%
+US$934.9m		-18.3%PE35x
MOD Modine ManufacturingUS$145.996.7%
+US$479.6m		10.4%PE41.3x
ALLE AllegionUS$166.801.1%
+US$155.7m		25.9%PE22.4x
APOG Apogee EnterprisesUS$38.865.3%
+US$41.7m		-29.4%PE20.9x
AAON AAONUS$94.460.4%
+US$31.0m		-28.8%PE76.8x

Latest News

JCI
US$113.59
Johnson Controls International
7D
-0.9%
1Y
39.2%

JCI: Applied HVAC Supercycle And AI Demand Will Drive Future Upside

The analyst fair value estimate for Johnson Controls International edges higher from US$148.00 to about US$156.39, with analysts pointing to refreshed price targets and updated views on Applied HVAC demand, aftermarket strength, and broader AI related order trends across recent research. Analyst Commentary Recent research on Johnson Controls International points to a cluster of bullish analysts revisiting their models, lifting price targets and, in several cases, upgrading ratings following earnings and sector specific news.
BLDR
US$122.36
Builders FirstSource
7D
-3.5%
1Y
-26.6%

BLDR: Stabilizing Margins And Housing Cycle Trough Set Up Balanced Outlook

Analysts have modestly reduced their fair value estimate for Builders FirstSource to $131.00, reflecting slightly lower margin and growth assumptions. This is partially offset by higher future P/E expectations and a mixed set of recent price target revisions from Barclays, RBC Capital, UBS, and Jefferies.
WMS
US$153.09
Advanced Drainage Systems
7D
-3.9%
1Y
22.4%

WMS: End Market Outperformance And Price Cost Discipline Will Support Future Premium P E

Analysts have nudged their fair value estimate for Advanced Drainage Systems higher to $174.90 from $173, reflecting updated views on margins, discount rate, and future P/E after a series of recent price target increases across the Street. Analyst Commentary Recent Street research has clustered around higher price targets for Advanced Drainage Systems, with several bullish analysts pointing to execution on earnings, margin structure, and end market exposure as key drivers behind their updated views.
TT
US$386.22
Trane Technologies
7D
-0.8%
1Y
-3.7%

TT: AI Energy Savings And Data Center Solutions Will Support A Balanced Outlook

Analysts have raised their price target for Trane Technologies from about $345 to roughly $390, citing updated assumptions for discount rate, revenue growth, profit margin and future P/E that reflect their latest view of the company’s risk and earnings profile. What's in the News Trane Technologies and Amazon reported results from an AI driven project using BrainBox AI and AWS that reduced energy use by nearly 15% at three Amazon Grocery fulfillment facilities, with plans to roll out across more than 30 additional U.S. sites and pilot in grocery stores starting in 2026 (Client Announcements).
AZZ
US$123.60
AZZ
7D
0.2%
1Y
42.8%
LII
US$509.76
Lennox International
7D
-3.1%
1Y
-23.1%

LII: Commercial HVAC Expansion And Share Repurchases Will Support Measured Future Upside

Analysts have nudged their price target for Lennox International higher to about $572 from roughly $569, citing slightly adjusted assumptions for discount rate, long term revenue growth, profit margin, and future P/E as the key drivers of this change. What's in the News Lennox is investing in its commercial HVAC operations to support product availability, expand distribution capacity, and improve the customer experience for commercial contractors, engineers, and building owners (Key Developments).
MOD
US$145.99
Modine Manufacturing
7D
6.7%
1Y
10.4%
APOG
US$38.86
Apogee Enterprises
7D
5.3%
1Y
-29.4%
FBIN
US$58.36
Fortune Brands Innovations
7D
-5.2%
1Y
-19.5%

FBIN: Housing And Renovation Headwinds Will Pressure Near Term Performance

Analysts have trimmed their base case on Fortune Brands Innovations slightly, cutting the fair value estimate by $2 to $49 as they factor in softer revenue growth assumptions, a higher discount rate, and mixed recent research that highlights cautious housing and renovation trends, along with relatively more resilient profitability and valuation metrics for building products names. Analyst Commentary Recent research on Fortune Brands Innovations points to a more cautious tone, with several firms trimming price targets and highlighting risks around housing, renovation demand, and broader construction exposure.
CSL
US$349.15
Carlisle Companies
7D
-4.0%
1Y
-13.3%
AAON
US$94.46
AAON
7D
0.4%
1Y
-28.8%

AAON: Data Center Cooling Demand And Short Seller Claims Will Shape Outlook

Analysts have raised their fair value estimate for AAON from $90.00 to $100.00, citing ongoing data center cooling demand across chillers, CDUs, dry coolers, and airside solutions, which they believe is not materially affected by concerns around Rubin chips. Analyst Commentary The recent pullback in AAON shares reflects investor worries that future chip architectures could reduce the need for traditional chiller based cooling, especially in high density data centers.
CARR
US$57.30
Carrier Global
7D
2.0%
1Y
-18.3%
ALLE
US$166.80
Allegion
7D
1.1%
1Y
25.9%

Some Shareholders Feeling Restless Over Allegion plc's (NYSE:ALLE) P/E Ratio

Jan 15
Some Shareholders Feeling Restless Over Allegion plc's (NYSE:ALLE) P/E Ratio
AWI
US$187.28
Armstrong World Industries
7D
-4.5%
1Y
24.7%
CSTE
US$2.50
Caesarstone
7D
25.0%
1Y
-37.8%
CAPT
US$0.65
Captivision
7D
65.6%
1Y
41.5%